Rethinking Supplier Risk Management Strategies

Date: Wednesday, September 12, 2018 | Time: 11 am EDT | 4 pm GMT

Panelists

While suppliers and third parties, continue to help organizations achieve profitability objectives, sustainable and predictable growth, and innovation, in recent times, they have also increasingly caused significant disruptions. These business disruptions have in turn, materially impacted the global supply chain, and the markets served by organizations. This raises the question - that are the current processes to evaluate supplier and third party risks sufficient in the current business environment? Should supplier risks be assessed using the same methods, processes, rules, measures, and technologies used to measure all other risks, as done in the past? What is the tangible, and measurable value of an assessment? After all, assessments serve more as a snapshot of past activities, providing a limited view of risks and their impact. Therefore, organizations need more actionable insights that help in making proactive decisions.

During this webinar experts will present a business case for redefining the process of assessment, and developing practices that more accurately reflect supplier risks, and the way global businesses operate supply chains.

Specifically, the webinar will cover:

  • Data: The performance-oriented strategy for pursuing and retaining supplier information, and how it affects the supply chain
  • Dialogue: The need for a performance to risk “trade-off” dialogue with the relevant decision makers and stakeholders
  • Decisions: Enriching internal data with third-party information to increase visibility and create actionable intelligence for better decision making
  • Technology: How to leverage technology to automate and strengthen supplier risk management process

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Speaker3Nisha Sharma
Senior Manager
MetricStream
 

Ms. Sharma leads the marketing efforts for Audit and Risk Management Solutions offerings within MetricStream. She has over 9 years of experience primarily in consulting and marketing and was associated with the tax consulting practice for one of the big 4 consulting firms and have been engaged with multiple Fortune 500 organizations in this capacity. She has a Bachelor of Commerce (Honors) from Delhi University.

Speaker4Nisha Sharma
Senior Manager
MetricStream
 

Ms. Sharma leads the marketing efforts for Audit and Risk Management Solutions offerings within MetricStream. She has over 9 years of experience primarily in consulting and marketing and was associated with the tax consulting practice for one of the big 4 consulting firms and have been engaged with multiple Fortune 500 organizations in this capacity. She has a Bachelor of Commerce (Honors) from Delhi University.